World Investment Advisors Acquires 23,964 Shares of iShares 0-5 Year TIPS Bond ETF $STIP

World Investment Advisors boosted its holdings in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 7.5% during the fourth quarter, HoldingsChannel reports. The fund owned 345,191 shares of the company’s stock after purchasing an additional 23,964 shares during the quarter. World Investment Advisors’ holdings in iShares 0-5 Year TIPS Bond ETF were worth $35,344,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Corient Private Wealth LLC grew its stake in shares of iShares 0-5 Year TIPS Bond ETF by 206.0% in the fourth quarter. Corient Private Wealth LLC now owns 129,854 shares of the company’s stock worth $13,296,000 after purchasing an additional 87,419 shares during the last quarter. Strategic Advisory Partners LLC acquired a new position in iShares 0-5 Year TIPS Bond ETF during the 4th quarter worth about $233,000. Topor & Co. Korea bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $854,000. SB Capital Management Inc bought a new stake in shares of iShares 0-5 Year TIPS Bond ETF in the 4th quarter valued at about $36,983,000. Finally, Kovitz Investment Group Partners LLC increased its stake in shares of iShares 0-5 Year TIPS Bond ETF by 51.0% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 79,493 shares of the company’s stock valued at $8,139,000 after buying an additional 26,859 shares during the period.

iShares 0-5 Year TIPS Bond ETF Stock Performance

Shares of STIP opened at $103.34 on Friday. The business has a 50-day moving average of $102.98 and a 200-day moving average of $103.00. iShares 0-5 Year TIPS Bond ETF has a 1 year low of $101.67 and a 1 year high of $103.93.

iShares 0-5 Year TIPS Bond ETF Profile

The iShares 0-5 Year TIPS Bond ETF (STIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury Inflation-Protected Securities (TIPS) with a remaining maturity of less than 5 years. STIP was launched on Dec 1, 2010 and is managed by BlackRock.